Intel Corporation (INTC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC)

INTC 36.27

-0.3%

10:27 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Amy J who wrote (176984)	2/10/2004 12:49:25 PM
From: chomolungma	Read Replies (1) of 186894

I think items #1 thru #5 are what's hugely impacting our job numbers: Confidence. Amy, there is one other possibility you should consider: The numbers are probably wrong. You really think that Canada is adding more jobs than the U.S.? Not likely. If you've followed the payroll data for as long as I have you realize that they are nothing but a crude guess as to what's taking place. They are subject to steep revisions - sometimes long after the fact. My personal take is that the productivity numbers are grossly overstated and the jobs numbers understated. If you assume for a moment that the government is missing some of the hours being worked because they are not picking up all the jobs with their surveys, then both numbers will become more reasonable. Just watch, 3,5 or 7 years from now, we'll recognize that the "jobless recovery" was nothing more than a catchy phrase.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next